What will drive the market this week?
Lower-than-expected earnings may pull the stock down
Investors stay optimistic because they believe that the second wave will be offset by the additional stimulus measures from the government.
The market sentiment deteriorated as the USA and some other countries are suffering from the new virus resurgence. Investors worry that the economic reopening may be delayed.
The US-China trade deal and upcoming PMI are in focus of traders' attention.
The US final GDP and unemployment claims will be published on June 25 at 15:30 MT time.
The Reserve Bank of New Zealand will make the monetary policy statement on June 24 at 5:00 MT time.
The Eurozone Manufacturing PMI will be published at 11:00 MT Time on June 23.
Gold surged to the month high, but then dropped. Where is it headed?
Risk-averse weakened and riskier assets climbed up. Let’s have a closer look.
The market sentiment is mixed today. How to trade in such an uncertain environment?
Federal Reserve Chair Jerome Powell on June 16 at 17:00 MT time begins the first of two days of testimony.